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224 Siltstone Place
Beds
4
Baths
4 full + 1 half
Sqft
1,786
Year
2017
Type
Single Family
On market
0d
Welcome to 224 Siltstone Place, a beautifully maintained two storey home offering modern finishes, a legal basement suite, and a family friendly location close to playgrounds, walking trails, and everyday amenities. With excellent curb appeal, a fully fenced yard, and an oversized 22x24 heated double car garage with parking next to it, this property combines comfortable family living with valuable income potential.The exterior immediately stands out with its attractive black, brown, and tan colour palette, large covered front porch, and fully fenced yard. A covered rear deck creates the perfect outdoor retreat, complete with a gas line for your barbecue, while additional parking beside the garage provides space for a full size truck. The heated double garage adds year round convenience and functionality.Inside, the main level features an open concept layout finished with luxury vinyl plank flooring, large windows, and updated LED lighting throughout the main living areas. The living room is warm and inviting with a natural gas fireplace and built in speakers, creating the perfect setting for entertaining or relaxing at home.The kitchen offers rich wood cabinetry extending to the ceiling, under cabinet lighting, stainless steel appliances, and a stove replaced in 2024. A flexible dining area at the rear of the home provides space for family meals, a home office setup, or additional seating depending on your needs. A two piece powder room with a modern white vanity completes the main level.Upstairs, the spacious primary bedroom has been beautifully updated with warm off white paint, decorative wall mouldings, and an electric fireplace that creates a cozy retreat. The room also features built in speakers, a massive walk in closet, and a private ensuite complete with a large glass shower. Additional bedrooms offer comfortable living space for family members, including thoughtful updates such as wainscotting and fresh paint. Convenient stacked laundry is also located on this level in its own laundry room.The fully developed basement includes a separate entry legal suite, making it an excellent mortgage helper or investment opportunity. Finished with luxury vinyl plank flooring, large windows, baseboard heating, a spacious bedroom, full kitchen, full appliance package, and a four piece bathroom, the suite offers a bright and welcoming living space.Offering stylish finishes, income potential, and a location surrounded by parks and trails, 224 Siltstone Place is a fantastic opportunity for homeowners and investors alike. Schedule your private showing today. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 4.92 Ft x 8.25 Ft | |
| Bedroom | 11.33 Ft x 18.42 Ft | |
| Kitchen | 14.83 Ft x 7.75 Ft | |
| Family room | 11.00 Ft x 9.75 Ft | |
| Furnace | 9.42 Ft x 10.25 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 4.92 Ft x 6.92 Ft | |
| Dining room | 11.08 Ft x 12.67 Ft | |
| Kitchen | 10.42 Ft x 19.92 Ft | |
| Living room | 19.58 Ft x 13.25 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 5.75 Ft x 8.58 Ft | |
| 4pc Bathroom | 9.33 Ft x 8.58 Ft | |
| Bedroom | 14.33 Ft x 10.67 Ft | |
| Bedroom | 11.92 Ft x 9.25 Ft | |
| Laundry room | 4.67 Ft x 8.58 Ft | |
| Primary Bedroom | 19.00 Ft x 11.00 Ft | |
| Other | 7.17 Ft x 8.58 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-1.24%
Cap rate
4.62%
GRM
13.9
Break-even rent
$3,420
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 10, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Fort McMurray. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.